“mere failure to realize a long-term, aspirational goal is not fraud.”
LOL. They want everyone to believe that Musk is just insane, not a fraud. And it is not just FSD.
A few years ago (2020?), Tesla needed lots of cash to continue operating. And Elon started promising that Tesla would have "a million robotaxis on the road by the end of 2020". They raised over $5 billion from investors shortly afterwards, with the specific promise that this is about robotaxis. Then a few months later, Elon just openly said in an interview "yeah, Tesla was close to bankruptcy earlier this year, but we are good now". And... nothing happened.
LOL. They want everyone to believe that Musk is just insane, not a fraud. And it is not just FSD.
A few years ago (2020?), Tesla needed lots of cash to continue operating. And Elon started promising that Tesla would have "a million robotaxis on the road by the end of 2020". They raised over $5 billion from investors shortly afterwards, with the specific promise that this is about robotaxis. Then a few months later, Elon just openly said in an interview "yeah, Tesla was close to bankruptcy earlier this year, but we are good now". And... nothing happened.